Russell Shor

The Federal Reserve is expected to lower interest rates today, but there’s still debate about how much they’ll cut. Markets are leaning towards a half-point cut, with a 63% chance according to the CME FedWatch Tool. This decision comes at a tricky time, as stocks are near record highs, and a smaller cut could create uncertainty. JPMorgan says a quarter-point cut might dampen investor confidence, while BlackRock believes a larger…

Gold reached a new record high following stronger US inflation data and increased jobless claims, which bolstered expectations for a Federal Reserve rate cut. Central bank purchases and ongoing geopolitical tensions further supported gold's impressive 25% gain this year.

Treasury yields are down today as markets await the Federal Reserve's upcoming meeting, where a rate cut is expected. The 2-year Treasury yield dropped to 3.572%, the 10-year to 3.640%, and the 30-year to 3.955%. Recent U.S. economic data, including August’s consumer price index (CPI) rise of 0.2% and a core CPI increase of 0.3%, along with a 0.2% rise in the producer price index (PPI), has influenced rate cut…

Ethereum's investment appeal is fading as it underperforms against bitcoin, which is showing stronger momentum and clearer use cases. Ether ETFs are seeing outflows, and the rising supply challenges its "ultra sound money" narrative. As a result, Ethereum's position as a leading blockchain is being questioned.

Yesterday, the S&P 500 fell for a third consecutive session as markets await today's key August jobs report, which could influence the Federal Reserve’s upcoming interest rate decision. Broadcom’s disappointing revenue guidance and concerns over the AI rally added to market jitters.

Oil prices dropped to their lowest levels in nearly nine months as concerns over weak demand and potential increases in supply weighed heavily on the market. Despite hopes for a recovery, the outlook remains subdued with oversupply and economic uncertainties dominating the scene.

Bitcoin remains under pressure, trading just above key support, with momentum flat and a slight downside bias as traders await clarity on U.S. interest rate cuts and the upcoming presidential election. Historically, September has been a challenging month for Bitcoin, with a mixed outlook this year following August's nearly 9% decline.

Biotech stocks are showing signs of recovery, supported by expected rate cuts and bullish technical indicators. The sector's improving fundamentals could provide a strong boost to the broader healthcare market.

Intel is at a crossroads, exploring major strategic shifts like splitting its design and manufacturing units and scaling back factory projects. After a severe stock drop and ongoing losses, CEO Pat Gelsinger has announced significant cost-cutting measures and the suspension of dividends. Despite challenges and a key board member’s resignation, Intel remains hopeful about its upcoming Lunar Lake product. The company’s next moves will be crucial for its recovery and…

Nvidia's upcoming earnings report is crucial, as its AI chip dominance and recent stock volatility could significantly impact market sentiment. Despite potential delays in its Blackwell chips, analysts remain confident in Nvidia's growth prospects, driven by strong demand for its current Hopper series. The company’s position in the AI infrastructure space keeps it well-placed against rising competition.

Gold prices have surged past $2,500 per ounce, driven by a weakening dollar and expectations of potential Federal Reserve rate cuts. Spot gold is trading around $2,500, with a peak at $2,510, marking a 20% rise this year. This increase is fueled by weak U.S. economic data, including disappointing housing figures and lower-than-expected inflation, which have heightened expectations for a September rate cut. Additionally, geopolitical tensions and significant central-bank purchases…